EXAMPLE 11.15 for Movie Revenue Model

CASE 11.2 Example 11.13 and Figure 11.11 give the results of multiple regression analysis to predict U.S. box office revenue. The value of the statistic is 0.7156, or 71.56%. Be sure that you can find this statistic in the outputs. We conclude that about 72% of the variation in U.S. box office revenue can be explained by the movies’ budgets, opening-weekend revenues, and opening-weekend theater counts.